Home Tag "Egypt"

EGYPT : EETC cancels tender for West Nile solar power plant

Bidding for the construction of the West Nile Solar Photovoltaic Power Plant in Egypt is cancelled. The decision is taken by the state-owned Egyptian Electricity Transmission Company (EETC). The project is expected to inject 200 MWp into the Egyptian national grid. The decision sounds like a thunderbolt, as the project was already at an advanced […]

Net-metering gaining favour throughout Middle East and Africa

EGYPT : Mondragon opnes solar panel production line in cairo

The Spanish company Mondragon Assembly has recently completed the construction of a solar panel manufacturing plant for Teriak Industrial Group. The facility located in Cairo has a manufacturing capacity of 100 MWp of solar panels. After Arab International Optronics, it is now the turn of Teriak Industrial Group to acquire a solar panel manufacturing unit […]

Net-metering gaining favour throughout Middle East and Africa

Mondragon installs 100-MW PV production line in Egypt

Spanish automation systems manufacturer Mondragon Assembly Group announced last week that it supplied and commissioned a 100-MW photovoltaic (PV) module production front line in Cairo, Egypt. The project was launched in the final quarter of 2019 on behalf of client Teriak Industrial Group. The latter seeks to be a key player in Africa when it […]

Net-metering gaining favour throughout Middle East and Africa

How Egypt banks on renewables to meet likely energy demand surge

Egypt is turning to renewables to meet a soaring demand in energy. If it meets the targets it will become a pioneer in the African energy landscape, but are the plans realistic? Toufik Khitous, the business development manager for North Africa at Wärtsilä Energy Business, says Egypt has no choice but to invest in renewables, […]

Masdar and EDF Renewables Agree to Partner in Eight Renewable Energy Projects in United States

IFC cooperates with Egypt in strengthening clean tech start-ups, enabling farmers to switch to solar

International Finance Corporation (IFC) announced Tuesday joining forces with the National Bank of Egypt and the Micro, Small and Medium Enterprise Development Agency (MSMEDA) to strengthen the clean technology entrepreneurship sector and boost Egyptian farmers’ access to finance for solar irrigation. According to IFC, start-ups make up the bulk of players in the photovoltaic (PV) […]

Masdar and EDF Renewables Agree to Partner in Eight Renewable Energy Projects in United States

EGYPT: In two years, EETC buys renewable energy worth $230 million from IPPs

The Egyptian Electricity Transmission Company (EETC) has purchased 3.6 billion Egyptian pounds (nearly $230 million) of electricity from renewable energy sources since February 2018. The power is produced and sold by Independent Power Producers (IPPs). It is a record that should encourage independent power producers (IPPs) who are already investing heavily in Egypt. The Egyptian […]

Net-metering gaining favour throughout Middle East and Africa

EGYPT: China Gezhouba Group to build 500 MW of solar power plants

The Egyptian government plans to install new solar power plants across the country with a cumulative capacity of 500 MW. They will be built by the China Gezhouba Group. With this, Egypt is moving closer to its overall goal of increasing the percentage of renewable energy in the country’s energy mix to 42% by 2035. […]

Net-metering gaining favour throughout Middle East and Africa

Egypt Finalizes Second Phase of $2.1 Billion Solar Park

Near the southern Egyptian city of Aswan, a swathe of photovoltaic solar panels spreads over an area of desert so large it is clearly visible from space. They are part of the Benban plant, one of the world’s largest solar parks following completion last month of the second phase of the estimated $2.1 billion development […]

Net-metering gaining favour throughout Middle East and Africa

AMEA Power bags 25-year PPA for wind and solar projects in Egypt

AMEA Power, a subsidiary of Al Nowais Investments, has signed a power purchase agreement (PPA) with The Egyptian Electricity Transmission Company (EETC) for a 200MW solar PV project and a 500MW wind power project in Egypt. A joint statement explained that Abyodos Solar Power Company (ASPC), a company fully owned by AMEA Power, will build, […]

Net-metering gaining favour throughout Middle East and Africa

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